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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: Richard Tsang who wrote (100)10/25/1999 2:52:00 PM
From: DAVID BANISTER  Read Replies (1) of 219
 
I spoke to Katharine Hanley of investor relations at Mgic via email. She says there is no truth to any rumors of a big contract lost in Japan. She said the company is doing very very well there, lots of growth and profitability in that region now. She said they are doing a Road Show starting Nov in Boston, SF, and a few other major cities. They hope to garner more inst. support and perhaps some coverage soon. I bought more last week at 21 1/2 to 22 range. See 35 year end.
Dave
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